Global NMP (N-Methyl-2-Pyrrolidone) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global NMP (N-Methyl-2-Pyrrolidone) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global NMP (N-Methyl-2-Pyrrolidone) market size was valued at USD 2746.3 million in 2023 and is forecast to a readjusted size of USD 4163.5 million by 2030 with a CAGR of 6.1% during review period.

N-Methyl-2-pyrrolidone (NMP) is an important polar solvent with strong selectivity and stability. It is a colorless oily liquid and has slight amine odor, which can be soluble in water, alcohols, ethers, esters, ketones, halogenated hydrocarbons, aromatics and castor oil.

NMP has the advantages of low toxicity, high boiling point, high solubility, etc.

NMP has wide applications in electronics, pharmaceuticals, paints and coatings, petrochemical processing and others.

The N-Methyl-2-pyrrolidone (NMP) industry has strong technical barriers and high industry concentration. The top 5 manufacturers include BASF, Yuneng Chemical, Synmiway Chemical, MYI Chemical and SNET, accounted for 50% share.China is the largest market, with a share about 70%, followed by North America with the share about 15%.In terms of product, electronic grade is the largest segment, with a share over 80%. And in terms of application, the largest application is electronics, followed by petrochemical processing.

The Global Info Research report includes an overview of the development of the NMP (N-Methyl-2-Pyrrolidone) industry chain, the market status of Electronics (Electronic Grade, Pharmaceutical Grade), Pharmaceuticals (Electronic Grade, Pharmaceutical Grade), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of NMP (N-Methyl-2-Pyrrolidone).

Regionally, the report analyzes the NMP (N-Methyl-2-Pyrrolidone) markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global NMP (N-Methyl-2-Pyrrolidone) market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the NMP (N-Methyl-2-Pyrrolidone) market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the NMP (N-Methyl-2-Pyrrolidone) industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (Kiloton), revenue generated, and market share of different by Type (e.g., Electronic Grade, Pharmaceutical Grade).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the NMP (N-Methyl-2-Pyrrolidone) market.

Regional Analysis: The report involves examining the NMP (N-Methyl-2-Pyrrolidone) market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the NMP (N-Methyl-2-Pyrrolidone) market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to NMP (N-Methyl-2-Pyrrolidone):

Company Analysis: Report covers individual NMP (N-Methyl-2-Pyrrolidone) manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards NMP (N-Methyl-2-Pyrrolidone) This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Electronics, Pharmaceuticals).

Technology Analysis: Report covers specific technologies relevant to NMP (N-Methyl-2-Pyrrolidone). It assesses the current state, advancements, and potential future developments in NMP (N-Methyl-2-Pyrrolidone) areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the NMP (N-Methyl-2-Pyrrolidone) market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

NMP (N-Methyl-2-Pyrrolidone) market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
Electronic Grade
Pharmaceutical Grade
Industrial Grade

Market segment by Application
Electronics
Pharmaceuticals
Paints and Coatings
Petrochemical Processing

Major players covered
Eastman
Ashland
Maroon Group
Mitsubishi Chemical
Puyang MYJ
Zhongneng Industrial
Tianjin Zhongxin Chemtech
Hefei TNK Chemical Industry
Beijing Tianyukanghong Chemical Technology

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe NMP (N-Methyl-2-Pyrrolidone) product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of NMP (N-Methyl-2-Pyrrolidone), with price, sales, revenue and global market share of NMP (N-Methyl-2-Pyrrolidone) from 2019 to 2024.

Chapter 3, the NMP (N-Methyl-2-Pyrrolidone) competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the NMP (N-Methyl-2-Pyrrolidone) breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and NMP (N-Methyl-2-Pyrrolidone) market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of NMP (N-Methyl-2-Pyrrolidone).

Chapter 14 and 15, to describe NMP (N-Methyl-2-Pyrrolidone) sales channel, distributors, customers, research findings and conclusion.